Legal
Risk disclosure
Prediction market trading is high risk. This page sets out, specifically rather than generically, how using this service can cost you money.
Only trade with money you can afford to lose entirely. PolyPilot is execution software, not an adviser: it does not know your circumstances and does not recommend positions. If you are unsure whether this is suitable for you, seek independent financial advice.
- 01
You can lose everything you commit
A prediction market contract settles at either $1 or $0. A position that resolves against you is worth nothing — there is no partial recovery, no stop-loss that guarantees an exit, and no protection scheme that compensates you.
- 02
You enter after the leader, at a worse price
Copying is structurally disadvantaged. The trader you follow moved the price by trading; you buy into the price they made. Our slippage ceiling limits how much worse, but it cannot make the gap zero — and when the gap is too large, your order is simply not placed.
- 03
Past performance says little about the future
The leaderboard ranks by realised profit over a window. A wallet can reach the top on a single correct call, on a strategy that has stopped working, or through risk-taking that happened to pay off. Scoring weighs consistency, but every input it uses is historical.
- 04
Automation acts without you
Auto-pilot places orders while you are asleep, in markets you have not read, on events you may know nothing about. It applies your rules faithfully — which means a badly set rule is applied faithfully too. Set the per-trade cap and daily limit as though the worst plausible run of signals is about to happen.
- 05
A signing key is a general-purpose key
Polymarket does not issue trade-only credentials. Any service that copies trades for you necessarily holds a key that could also move funds. We encrypt it and never call a transfer function — but the correct precaution on your side is to fund the connected account with only what you intend to have in play.
- 06
Technology fails
APIs go down, RPC nodes lag, orders get rejected, blocks get reorganised. A signal can arrive late or not at all, and an order you expected to be placed may not be. The service is provided on a best-efforts basis.
- 07
Crypto payment carries its own exposure
Subscriptions are priced in US dollars and settled in cryptocurrency. The value of what you send, and of any refund we return, moves with the market between the two moments.
- 08
Fees compound against small accounts
A $99 monthly subscription against a $1,000 bankroll needs a 10% monthly return before you are level. Work out that number for your own capital before subscribing — it is the single most useful sum you can do here.